Ant Group Layer2 Blockchain Jovay Testnet officially launched

According to Deep Tide TechFlow news, on July 15, the Jovay Testnet officially launched as a blockchain platform specifically designed by Ant Group for institutional-level application scenarios, aiming to serve various application scenarios including RWA. Jovay addresses the core pain points of traditional Layer 2 solutions in terms of performance, security, compliance, and scalability through three major technologies: parallel execution architecture, progressive hybrid verification mechanism, and modular architecture, making large-scale high-frequency trading on-chain possible. It is understood that Jovay plans to complete the Mainnet launch in the fourth quarter of 2025.

It is reported that Jovay, through a three-tiered parallel architecture at the transaction level, block level, and batch level, can significantly improve throughput while shortening user response time to within 1 second, ensuring real-time performance for scenarios such as transfers and RWA contract calls.

To address the issues of long verification times and delayed dispute periods in traditional Rollup solutions, Jovay adopts a dual proof architecture system of Trusted Execution Environment (TEE) and Zero-Knowledge Proof (ZKP), which reduces reliance on centralized hardware while balancing performance. Jovay also employs a modular architecture that allows for independent upgrades of each core module according to technological advancements.

Leveraging leading technology and mature solutions, Jovay will accelerate the release of asset liquidity. In addition, Jovay plans to integrate Ethereum ecosystem resources, including decentralized wallets, oracles, fund custody, and security compliance, ultimately forming an end-to-end digital asset solution. Providing users with convenient, efficient, and secure on-chain asset services.

"The architectural design of Jovay is rooted in deep insights into real-world scenarios," Jovay officials stated. "Since its debut in Dubai in April, Jovay has received widespread acclaim from global institutions. The launch of the Jovay Testnet signifies that the Blockchain meets and addresses the high-quality demands of financial-grade transactions while maintaining a decentralized architecture. This is a key milestone for Web3 infrastructure moving into mainstream financial markets."